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Ballard Screens Has Net Sales in the Amount of $470,000

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Multiple Choice

Ballard Screens has net sales in the amount of $470,000, a cash amount of $246,000, and accounts receivables of $47,000. What is the asset turnover ratio? (Round your answer to two decimal places.)


Definitions:

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Muscular Rigidity

A condition of increased muscle tone leading to stiffness and resistance to movement.

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A neurosurgical procedure that involves implanting electrodes in specific areas of the brain to treat neurological conditions.

Substantia Nigra

A part of the brain located in the midbrain responsible for movement control and contains a large number of dopamine-producing neurons.

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